India’s EV story, on the surface, is one of rapid acceleration. Electric vehicle sales jumped around 25% year-on-year in FY26 to 24.5 lakh units, data from Federation of Automobiles Dealers Association (FADA). The surge was powered by new model launches, improving supply chains and rising urban acceptance. The direction is unmistakable: electric is gaining ground."India’s transition to electric mobility is gaining pace, and we are seeing that momentum clearly reflected in our performance," said Nalinikanth Gollagunta, CEO – Automotive Sector, Mahindra & Mahindra.The company crossed 50,000 eSUV deliveries in roughly a year, with March 2026 emerging as its highest-ever monthly…